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1-10 results from 1000 for query «firms»

January 14, 2019 4:45 PM Ethiopia charges METEC head with additional corruption case

ADDIS ABABA (Reuters) - Ethiopia hit the former head of military-run industrial conglomerate METEC with additional corruption charges on Monday, in a complex case seen as a test of the new prime minister’s anti-corruption campaign. Kinfe Dagnew was arrested along with dozens of other employees of the METEC two months ago. The new charges relate to the procurement 129

January 9, 2019 1:31 PM Israeli high-tech firms raised record $6.47 billion in 2018

TEL AVIV (Reuters) - Israeli private high-tech companies raised a record $6.47 billion in 2018, up 17 percent from 2017, the Israel Venture Capital Research Center and ZAG law firm said on Wednesday. In the fourth quarter high-tech firms raised a record $1.82 billion, up 8 percent from the third quarter, the IVC-Zag report showed. “Most of the capital 115

December 25, 2018 8:45 AM Thailand approves medical marijuana in New Year's 'gift'

BANGKOK (Reuters) - Thailand approved marijuana for medical use and research on Tuesday, the first legalization of the drug in a region with some of the world’s strictest drug laws. The junta-appointed parliament in Thailand, a country which until the 1930s had a tradition of using marijuana to relieve pain and fatigue, voted to amend the Narcotic Act of 1979 in an extra 94

December 19, 2018 1:14 PM Uber and other taxi firms to pay London congestion charge

LONDON (Reuters) - Uber, Addison Lee and other private hire taxi operators in London will no longer be exempt from paying a weekday charge for entering the city center, as Mayor Sadiq Khan continues his bid to improve air quality. Most drivers entering London’s central zone, spanning King’s Cross in the north, the City in the east, the Imperial War Museum 122

December 18, 2018 7:55 AM Italy's UniCredit settles dispute with Caius

MILAN (Reuters) - British hedge fund Caius has made a payment to UniCredit (CRDI.MI) to settle a dispute over complex financial instruments which Italy’s biggest bank counts toward its core capital, the two companies said. Caius had questioned UniCredit’s CASHES securities, arguing they should not be classed as best-quality capital. “Caius intends to take no further 85

December 11, 2018 11:04 PM China's Tencent Music raises nearly $1.1 billion in U.S. IPO

NEW YORK/HONG KONG (Reuters) - China-based music streaming company Tencent Music Entertainment Group TME.N has raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing its shares at the bottom of its targeted range, two sources said on Tuesday. The music arm of gaming and social network giant Tencent Holdings Ltd (0700.HK) priced 91

December 11, 2018 10:03 PM Boeing needs a surge to hit year-end delivery goal

(Reuters) - Shares in Boeing Co (BA.N) slipped 2 percent on Tuesday after November deliveries suggested the world’s largest planemaker will need a surge in deliveries in December to hit its year-end targets, though it surpassed some analyst expectations. Boeing said it delivered 61 of its top-selling 737 single-aisle jetliners in November, above its monthly 61

December 11, 2018 7:34 AM U.S. fund Castlelake to buy planes from AirAsia in $800 million deal: sources

SINGAPORE (Reuters) - U.S. private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd (AIRA.KL) for a total price of roughly $800 million, people familiar with the transaction said. The deal underscores the strong appetite of funds to invest in the global aircraft leasing sector, which 69

December 11, 2018 5:12 AM Three broker-dealers settle SEC charges over incomplete data

(Reuters) - Broker-dealers Citadel Securities, Natixis Securities Americas LLC and MUFG Securities Americas Inc agreed to pay total penalties of more than $6 million to settle charges of providing incomplete trading data, the U.S. Securities and Exchange Commission (SEC) said on Monday. Citadel were charged with submitting incorrect data for nearly 80 million 75

December 11, 2018 1:39 AM Firms to pay $9M to settle suit over 2012 California fire

SACRAMENTO, Calif. – Officials say a construction company and a logging firm have collectively agreed to pay $9 million for damages resulting from a 2012 wildfire that burned more than 1,600 acres of national forest land in Northern California. The U.S. Attorney's office in Sacramento says Monday that the agreement settles a lawsuit brought by the federal 64